After recently announcing that the site will include the Central Coast’s first five-star hotel to rival Barangaroo, McGrath agent’s launched Stage One sales for the residential apartments, offloading 60 per cent in just one day.

With the majority of buyers local investors, agent Jaimie Woodcock said that the launch was the strongest registration campaign that he had seen on the coast.

It is not hard to see why.

With construction set to begin in the coming months, the incredible two tower development will include 300 apartments, a premium hotel with 167 suites and a rooftop sky bar on the corner of Mann and Donnison streets.

There will be two pools – one for residents and one for the hotel, retail shops and restaurants, all designed to create a vibrant downtown hub.

“Feedback from investors was that the unique nature of The Archibald gives them confidence of price growth over the build period, as well as the attraction to tenants with all of the amenities including restaurants and health and wellness,” Mr Woodcock said.